Personal Leave Incentive
If a teacher uses no personal leave during a school year, the district will contribute $300, prorated based on FTE, to the teacher’s Post-Retirement Health Care Savings Plan. Teachers donating to non LTD Bank would continue to be eligible for this incentive however the donating teachers’ personal leave days would be reduced by the number of days donated. A teacher must work at least 120 days to be eligible for the Personal Leave Incentive. Any teacher who qualifies for this incentive, but does not already have a HCSP Account, will have an account created for them. This addendum expires June 30, 2027.